How much does V.g.clements (Contractors) Limited make?

V.g.clements (Contractors) Limited reported revenue of £122m and £1.7m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does V.g.clements (Contractors) Limited have?

V.g.clements (Contractors) Limited reported an average of 1,334 employees in the year to 31 Dec 2025.

Is V.g.clements (Contractors) Limited profitable?

Yes — V.g.clements (Contractors) Limited reported a profit of £1.7m in the year to 31 Dec 2025.

Company No. 00651051 · Incorporated 1 Mar 1960

V.g.clements (Contractors) Limited

Registered name: V.G.CLEMENTS (CONTRACTORS) LIMITED

Part of VGC Group Limited group

V.g.clements (Contractors) Limited made £122m revenue and £1.7m profit in the year to 31 Dec 2025.

V.g.clements (Contractors) Limited’s revenue grew 9% to £122m in the year to 31 Dec 2025, with £1.7m profit and 1,334 employees. The company is classified under “other activities of employment placement agencies” and is based in Ruislip; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 78109Other activities of employment placement agencies SIC 78200Temporary employment agency activities

Status: Active
Location: Ruislip, London
Age: 66 yrs · since 1960
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£122m

Growth ▲8.8%

Profit

£1.7m

Growth ▼5.2%

Profit margin

1.4%

Gross 8.7%

Employees

1,334

Change ▲10.5%

Profit / employee

£1.3k

Revenue/employee £91.4k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£112m	£122m
Cost of sales	£100m	£111m
Gross profit	£11.9m	£10.6m
Operating profit	£2.1m	£2.1m
Profit before tax	£2.3m	£2.3m
Profit after tax	£1.8m	£1.7m
Profit (best available)	£1.8m	£1.7m
Staff costs	£80.2m	£94.8m
Employees (average)	1,207	1,334
Ratios
Profit margin	1.6%	1.4%
Gross margin	10.6%	8.7%
Revenue per employee	£92.9k	£91.4k
Profit per employee	£1.5k	£1.3k
Growth (year on year)
Revenue growth	—	▲8.8%
Profit growth	—	▼5.2%
Headcount growth	—	▲10.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£15m	£10.5m
Net assets	£10.4m	£11.9m
Fixed assets	£106k	£161k
Current assets	£29.6m	£35m
Debtors	£12.4m	£18.8m
Deferred income	£241k	£1m
Source	FullAccounts · bulk data May 2026	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: 1.4%; Profit ÷ revenue.
Gross margin: 8.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £91.4k; Revenue ÷ average employees.
Profit per employee: £1.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.4%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲15%; Now £11.9m
Cash at bank: ▼30%; Now £10.5m
Headcount: ▲11%; Now 1,334
Deferred income: ▲327%; Now £1m
Fixed assets: ▲52%; Now £161k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

VGC Group Limitedultimate parent75–100%
V.g.clements (Contractors) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (6)

Careerforces LimitedFigures not disclosed
Cole Services LimitedFigures not disclosed
V.G. Clements LimitedFigures not disclosed
V.G.C. Construction LimitedFigures not disclosed
VGC Personnel LimitedFigures not disclosed
VGC Services LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.7m), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.